METALLURGICAL COAL
Canadian diversified miner Teck Resources has pruned back its forecasted average realised price for steelmaking coal in the second quarter, saying extreme Australian weather has disrupted the market.
The announcement sent Teck’s TSX-listed stock falling nearly 5% in the afternoon session to a low of C$21.36 a share.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access